How Does Confucian Dynamism Influence National Innovativeness

Master's Thesis from the year 2010 in the subject Economics - Innovation economics grade: A University of Auckland course: International Business language: English abstract: A country's rate of technological change and advancement is a major determinant for its economic development (Freeman 1994; Romer 1990; Solow 1957). Therefore policy-makers need to understand what drives the technological change and advancement of the countries they administrate. Of the many factors that affect a society's ability to invent and advance one that has yet received limited attention is national culture. Furthermore managers of multinational firms implicitly face the selection of a cultural context when selecting favourable locations for their business activities. If national culture had a positive influence on innovative activities it should be considered in location decisions for innovative activities. Therefore this paper explores the relationship between certain aspects af a nation's culture and it's innovativeness.